Apple Gets $105 Million Tax Bill in Japan for Bulk Sale of iPhone to Tourists: Report
The Tokyo unit of US technology giant Apple has been slapped with $105 million (roughly Rs. 870 crore) in additional taxes over bulk duty-free sales of iPhone smartphones and other Apple devices to foreign visitors, Kyodo News reported.Citing a source close to the matter Kyodo News reported that the Tokyo Regional Taxation Bureau found Apple Japan's approximately $1,04,16,84,000 (roughly Rs. 8,634 crore) tax-exempt sales for two years through September 2021 were made by fraudulent duty-free purchases to be resold for…